News list for " agency"
China Central Depository and Clearing Co., Ltd.: For overseas central bank institutions that open an account with China Central Clearing Corporation through the People's Bank of China or an interbank market settlement agent after January 1, 2025 (inclusive), the full amount of the account opening fee of 500 yuan per account will be exempted. For the relevant fees that have been actually paid for the above-mentioned business after January 1, 2025 (inclusive), China Central Clearing Corporation wi...
On March 22nd, the State Administration of Financial Supervision recently issued the "Measures for the Administration of Agency Sales Business of Commercial Banks" (hereinafter referred to as the "Measures"), and the person in charge of the relevant departments and bureaus answered the reporter's questions on the "Measures". The person in charge pointed out that the "Measures" require commercial banks to establish and improve the whole process monitoring and management mechanism of agency sales,...
On February 23rd, according to Arkham monitoring, an unmarked suspected institutional address (0xbA... 85ae) is being OTC with Bybit. Since yesterday, the institutional address has transferred 22,600 ETH to Bybit Deposit in 5 installments, and 73.59 million USDT has been withdrawn from Bybit.
According to the Russian news agency Sputnik, Brazilian President Lula has criticised US President Donald Trump for trying to interfere in the internal affairs of many countries. "From what Trump has done, he is trying to become a global emperor," Lula said. In addition, the Brazilian president said Trump must be aware of respecting the sovereignty of every country. Lula previously said Trump's proposals to take over the Gaza Strip and relocate Palestinians to other Middle Eastern countries coul...
According to Ember Monitoring, there are currently 5 institutions and individuals providing borrowing support to Bybit, totaling about 120,000 ETH, worth about 321 million US dollars. Specifically include: Bitget offers 40,000 ETH (about $106 million); 11,800 ETH (approximately $31.02 million) from institutions or whales withdrawing money from Binance; MEXC provided 12,652 stETH (approximately $33.75 million). Binance or another institution/whale withdrawing money from Binance 36,000 ETH (approx...
The Wall Street Journal quoted Web 3.0 security agency CertiK as saying that the Bybit incident was the largest single theft in crypto history, and the value of the stolen assets caused by the hack was more than $1.40 billion. After the incident, Bybit announced that it had reported the case to the relevant authorities, and its CEO Ben Zhou said that all Bybit functions and products are still operating normally, and the exchange is solvent and will bear the full loss of customers. As of now, all...
"Today's hack was massive and hit the industry hard," said Hacken, Bybit's partner Web3 auditor, in a Proof of Reserve update. "But Bybit's reserves still exceed its liabilities. As its independent Proof of Reserve (PoR) auditor, we have confirmed that user funds are still fully backed. This means Bybit has sufficient reserves to cover all user assets, solvency remains unchanged, and security and transparency remain top priorities." Then Bybit CEO Ben replied, "Hacken...
The Securities Exchange Commission has agreed to drop its lawsuit against Coinbase pending approval from its commissioners. The SEC has decided to drop all charges against Coinbase for operating an unregistered exchange and listing unregistered securities. Halting the regulator's core legal objections will shift the focus from the courts to Congress to determine the operating standards of cryptocurrencies in the United States. According to the lead lawyer for Coinbase, the Securities Exchange Co...
According to crypto research firm Arkham, several crypto KOLs have dumped their KAITO airdrop tokens. ANSEM received $230,000 worth of KAITO tokens and sold them all. MERT received $340,000 worth of tokens and has sold 80% of them. Anthony Sassano received $185,000 worth of tokens and sold them all.
Argentine regulators said they had no right to intervene to resolve the dispute because the sale of Libra was beyond their jurisdiction. Argentina's National Securities Commission (CNV) "has so far chosen not to intervene" in the LIBRA incident "because the current regulatory framework does not cover token advertising on decentralized platforms".
The latest Reuters poll reported that 59% of the 39 economists surveyed predict that the Bank of Japan will raise interest rates in July, and 13% think it may raise interest rates earlier in May. More than 65% of economists said that the Bank of Japan will raise its key rate to 0.75% in the third quarter. 61 economists agreed that the Bank of Japan will leave its current key rate unchanged at 0.50% on March 19. According to the median forecast, the Bank of Japan's interest rate is expected to re...
According to a 13F filing with the Securities Exchange Commission (SEC), the size of spot bitcoin ETFs held by large institutions such as pension funds or hedge funds tripled in the fourth quarter of 2024. As of Q4 2024, institutional investors held $38.70 billion worth of spot Bitcoin ETFs. This figure is more than three times that of Q3, which reported holdings of just $12.40 billion. Among them, the Wisconsin Investment Commission increased its holdings of BlackRock iShares Bitcoin Trust (IBI...
Strategy (MSTR. O) announced that it intends to offer to qualified institutional buyers a private placement of its 0% convertible senior notes due 2030 for a total principal amount of $2 billion. Strategy also expects to grant purchase rights to initial purchasers of the notes, settled within five business days of the date of the notes' initial offering, for a total principal amount of up to $300 million. Strategy intends to use the net proceeds from the offering for general corporate purposes, ...
On February 18, according to Itar-Tass News Agency, in 2024, the Russian power company "Rosseti" will lose more than 1.30 billion rubles due to "black miners" illegally connecting to the grid and not metering electricity. Among them, "Rosseti North Caucasus" company lost the most, more than 600 million rubles; "Rosseti Novosibirsk" company lost 400 million rubles; "Ross...
Ip Chi Heng, Executive Director of the Intermediaries Department of the Hong Kong Securities Supervision Commission, is expected to announce the virtual asset development roadmap within this month. In addition to explaining the development principles, the roadmap will also mention the short-term expectations of the Securities Supervision Commission and the scope of market research, as well as the areas that platform participants hope to optimize. In addition, the focus of the virtual asset roadm...
